In this article, you'll learn about the often mistaken meanings of procurement versus purchasing in the supply chain domain. Visit the blog to clear your ideas about these two terms often used interchangeably.

The best way for an organization to maintain its bottom line in the time of an economic downturn is through better procurement practices. This can be achieved through a combination of best-in-class procurement automation tool and greater adoption of the same. Intrigued? Learn More-

Procurement has migrated to a vast field of technology enabling global teams to strategically drive their supplier relationships with a focus on the total cost of ownership. With state-of-the-art technologies parsing clouds of data, procurement has claimed itself an autonomous entity we’ve named cognitive procurement.